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Question
Capital of a Company is divided in units which is called ______.
Options
Debenture
Share
Stock
Bond
MCQ
Fill in the Blanks
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Solution
Capital of a Company is divided in units which is called Share.
Explanation:
The capital of a company is divided into small equal units known as shares.
Each share represents a fraction of the company’s capital and gives ownership rights to the shareholder.
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Chapter 6: Company Accounts - Issue of Shares - OBJECTIVE TYPE QUESTIONS [Page 6.197]
